Estimates For Monday’s USDA Report

USDA Supply and Demand and World Production report comes out on Monday at 11 am CST .

 

Estimates for Monday’s report

 

US ‘13/14 grain ending stocks estimates

  • Wheat (19 analysts surveyed) – average estimate is .570 BB , range of estimates are .549 – .615 BB. February USDA estimate was .558 BB
  • Corn (20 analysts surveyed) – average estimate is 1.488 BB, range of estimates are 1.431-1.656 BB. February USDA estimate was 1.481 BB
  • Beans (20 analysts surveyed) – average estimate is .141 BB, range of estimates are .130-.150 BB. February USDA estimate was .150 BB

 

World ‘13/14 grain ending stocks estimates

  • Wheat (13 analysts surveyed) – average estimate is 183.65 MMT , range of estimates are 182.10 – 185.00 MMT. February USDA estimate was 183.73 MMT
  • Corn (13 analysts surveyed) – average estimate is 156.27 MMT , range of estimates are 154.80-158.40 MMT. February USDA estimate was 157.30 MMT
  • Beans (13 analysts surveyed) – average estimate is 71.46 MMT, range of estimates are 69.50-72.90 MMT. February USDA estimate was 73.01 MMT

 

South American ‘13/14 crop estimates

  • Argentina corn crop (19 analysts surveyed) – average estimate is 23.35 MMT , range of estimates are 20.80-24.00 MMT. February USDA estimate was 24.00 MMT
  • Argentina bean crop (17 analysts surveyed) – average estimate is 53.5 MMT, range of estimates are 52.7-54.0 MMT. February USDA estimate was 54.0 MMT
  • Brazilian corn crop (19 analysts surveyed) – average estimate is 69.03 MMT , range of estimates are 65.45-70.50 MMT. February USDA estimate was 70.0 MMT
  • Brazilian bean crop (17 analysts surveyed) – average estimate is 88.14 MMT, range of estimates are 86.5-90.0 MMT. February USDA estimate was 90.0 MMT